Item - 2024.TE10.3

The Toronto and East York Community Council recommends that:

1. City Council amend By-law 227-2020 to extend Part Lot Control Exemption for the lands municipally known as 440, 444, 450 and 462 Front Street West, 425, 439, 441 and 443 Wellington Street West, 6-18 Spadina Avenue and 1 and 19 Draper Street for an additional four year period from the date of the enactment of the By-law, in accordance with the draft By-law in Attachment 3 to the report (January 8, 2024) from the Director, Community Planning, Toronto and East York District.

2. City Council authorize the City Solicitor to make such stylistic and technical changes to the draft By-law as may be required.

3. City Council authorize and direct appropriate City Officials to register the By-law on title to the lands.

4. City Council require the owner to provide proof of payment of all current property taxes for the subject lands to the satisfaction of the City Solicitor, prior to enactment of the Part Lot Control Exemption By-law.

In 2019, an application was submitted to permit an exemption from Part Lot Control for the lands known as 440, 444, 450 and 462 Front Street West, 425, 439, 441 and 443 Wellington Street West, 6-18 Spadina Avenue and 1 and 19 Draper Street, now known as The Well to facilitate the implementation of the approved development. The development includes seven mixed-use buildings with residential, office and retail uses, as well as public parkland and Privately-Owned Publicly Accessible Spaces (POPS).

On February 26, 2020, City Council enacted By-law No. 227-2020 exempting these lands from the Part Lot Control provisions of the Planning Act for a period of 4 years. This report recommends that exemption from Part Lot Control be extended for an additional 4 years to allow for the completion of the project and associated transactions.